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Atlas Insurance Expands Services in UK
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Overview
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Malta-based insurer Atlas Insurance PCC expands its services, obtaining UK branch authorization and a life reinsurance license, marking a significant milestone as it celebrates its centenary. This expansion ensures continuity for existing cells to continue writing UK risks post-Brexit and reaffirms the company's commitment to its partners in the country. Atlas Insurance PCC now offers non-life insurance and reinsurance services across both the European Economic Area (EEA) and UK markets, as well as life reinsurance, in response to customer demand.
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How does this expansion reflect the evolving needs of employee benefits programs and group life business?
How might the expansion of Atlas Insurance PCC's services impact the insurance market in the UK?
What are the potential implications of Atlas Insurance PCC's extension of its non-life insurance and reinsurance license to encompass life reinsurance?
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